Have Inseego Corp. (NASDAQ:INSG) Insiders Been Selling Their Stock?

We wouldn't blame Inseego Corp. (NASDAQ:INSG) shareholders if they were a little worried about the fact that Timothy Maguire, a company insider, recently netted about US$6.8m selling shares at an average price of US$18.93. However, that sale only accounted for 6.9% of their holding, so arguably it doesn't say much about their conviction.

See our latest analysis for Inseego

Inseego Insider Transactions Over The Last Year

In fact, the recent sale by Timothy Maguire was the biggest sale of Inseego shares made by an insider individual in the last twelve months, according to our records. So what is clear is that an insider saw fit to sell at around the current price of US$18.21. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

Inseego insiders didn't buy any shares over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

I will like Inseego better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Does Inseego Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Inseego insiders own 5.8% of the company, worth about US$105m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At Inseego Tell Us?

An insider hasn't bought Inseego stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Inseego. For example, Inseego has 4 warning signs (and 1 which makes us a bit uncomfortable) we think you should know about.

But note: Inseego may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

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